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Livestock Markets, Markets

Slow U.S. corn planting a drag on cattle prices

Trade worries contribute to ongoing market volatility

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Recent strength in grain markets has inversely weighed on cattle prices, although activity at Manitoba’s auction yards is slowing down for the season. A number of auctions were closed for the week, and many will soon shut down for the summer or run at reduced capacity. Prices for what was still moving have weakened over
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder cattle demand softens

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Compared to last week, western Canadian yearling prices were $2-$4 lower on average while calves were down $3-$5 depending on the region. Weakness in the fed cattle market continues to spill over into the feeder complex, as margins drift further into red ink. Alberta packers were buying fed cattle in the range of $245-$246 delivered
Producers and feeder buyers were relieved by recent rain as it will help improve hay stocks.
Livestock Markets, Markets

Cattle prices show strength thanks to recent rain

Heavier cattle come under some seasonal price pressure

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Cattle prices were strong across the province during week ended May 31, with grass cattle staying local thanks to timely rain. Grass cattle in the 400- to 500-lb. range observed prices between $150 and $250 per hundredweight, consistent with last week’s prices. Similarly, cattle in the 500- to 600-lb. range saw prices between $150 and
The latest Cattle on Feed numbers out of the U.S. Department of Agriculture showed 11.8 million head as of May 1
Livestock Markets, Markets

U.S. cattle supplies, corn futures may drag on prices

Local cattle values are still reasonably steady for now


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Activity at Manitoba’s cattle auction yards is slowing down ahead of the summer, with the Victoria Day weekend also limiting some of the activity during the week ended May 24. Prices held reasonably steady for the most part, although outside market influences may keep some caution in the Canadian cattle sector over the next few
Fewer cattle, softer prices ahead of summer slowdown
Livestock Markets, Markets

Fewer cattle, softer prices ahead of summer slowdown

Last week’s sale at Virden saw the biggest drop in volumes

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As spring carries on, with summer approaching, the Grunthal Livestock Auction Mart has seen its numbers slip a little, according to manager Harold Unrau. “Prices were a little bit softer. Our head counts are down too, going into summer,” he said. At Grunthal’s May 14 auction, 295 feeders and 88 slaughter cattle were sold. The
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Feeder market finds support

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Compared to last week, western Canadian yearling markets traded steady to $2 lower while calves traded $3 higher to as much as $8 lower. Adverse weather across much of the U.S. Midwest set a negative tone on both sides of the border. U.S. feeder cattle markets were down US$3-$6 from seven days earlier. Corn futures
Pasture conditions and hay prices will be significant indicators for cattle markets going into summer.
Livestock Markets, Markets

Manitoba cattle market softens into springtime

Spring highs appear to be in, with bigger supplies ahead

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Cattle volumes were down at auctions across the province on the week ended May 3, which is par for the course after spring highs were observed weeks prior. “It’s been an interesting couple of weeks,” said Brian Perillat of Canfax in Calgary. “We’ve seen weakness recently in the cash markets.” Perillat believed that spring highs

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